How to manage your Blackjack Bankroll
Blackjack is one of the oldest casino games still very popular today. Previously called 21, Blackjack is a game that takes place between players and the dealer. You basically compare cards and see who has the winning hand. The game is most often played with one and up to 8 52-card decks and the point is to beat the dealer.
You can beat the dealer by either hitting a Blackjack, which means you will receive a total of card points of 21 on your first hand, have a hand that is simply higher than the dealer’s hand, or if the dealer hits a Bust.
Any serious gambler will try, in playing the game at a professional level, to bring the house edge down while raising his own odds of winning. Two things you must keep in mind when engaging in a table game for the win: first, keep your eyes on the available bonuses, and second, make sure you do a proper job of managing your available bankroll.
You chances of winning depend on two main things: the house advantage and the variance of the game. For a high house edge you will also need a lot more money in your bankroll for betting the proper stakes that would yield a win. The variance of most blackjack games is rather low so perhaps this portion of the game will not have such a high influence on how your game progresses.
A good rule of thumb is to have enough money in your bankroll that you are able to cover between 300 and 500 made bets. To find out how many bets you can place with the current house advantage being what it is, you can divide the bankroll by 300 and see what kind of wagers you will be able to set down. Practically, the amount you get from the division should be slightly higher than the require bet just so you are covered from all angles.
Another way to take advantage of the casino offers is to take a good look at the loyalty points program and other bonuses they may have on feature. If you think that combining the loyalty points with a bonus offer will add to your bankroll, the by all means go for it. Especially when it comes to Blackjack, a bigger, better offer doesn’t necessarily mean you’re getting a better deal.
First make sure you read through the terms and conditions carefully in order to figure out how much would the particular bonus offer help your cause in Blackjack. It’s also a good idea to take a look at the particularities of the game of your choice too, make sure that your goals and the bonus offers match up with the game restrictions and wagering requirements.
One last tip: always choose the bonuses you can cash-out. With online video slots games this difference doesn’t matter since you’re not playing strategy-based games. Conversely, you will not have any use for this type of bonus since in Blackjack you need to win real-money.